Sunday, March 15, 2020

How To Simplify Your Money During The Coronavirus Crisis

You may remember doing various emergency drills as a child for tornadoes, earthquakes, and fire. Many of us know how to prepare for seasonally extreme weather like blizzards by having extra food, water, and household supplies on hand.

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Enrolling in automatic payments prevents the chance of missing bill dates and paying late fees. Some merchants and utilities even give you a small payment discount—saving you both money and time.

Also consider using online bill pay instead of paying your bill in-person or with a check. If there's a self-service payment kiosk, can you guarantee it's clean?

Publisher: Forbes
Date: 2020-03-14
Author: Jim Wang
Twitter: @forbes
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In case you are keeping track:

Coronavirus store closings, changing hours: Retailers closing early

Retailers across the nation are trimming store hours to focus on deep cleanings and to restock store shelves. Some are closing stores, too.

Apple announced it will close all its retail stores outside Greater China until March 27 due to the coronavirus outbreak. Urban Outfitters also announced all of its stores worldwide would be closed at least until March 28. Nike is making a similar move, temporarily closing all of its stores in the U.S. for 12 days, the company told CNBC on Sunday.

Publisher: USA TODAY
Author: Kelly Tyko
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Trump Is Losing Money in the Markets, Too - The New York Times

President Trump, the first self-proclaimed billionaire to occupy the White House, has long asserted that he is one of the world's best businessmen and investors .

But these days, as stocks tumble because of the coronavirus outbreak, he's losing money like everyone else.

Mr. Trump doesn't have a lot of his wealth in the stock or bond markets. What money he does have invested there — scattered across two dozen stock and bond funds — appears to be performing no better than the S&P 500 during this year's financial crash.

Date: 2020-03-14T14:34:43.868Z
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5 ways coronavirus is changing millennials' money habits - Business Insider

Consider online grocery ordering service FreshDirect, which said it's seeing an increase in orders from both new and existing customers, Thomas reported. "Our data leads us to believe customers are preparing more meals at home, and are consuming more fresh and organic food to stay healthy," Chief Merchandising Officer Scott Crawford said in a statement Thursday.

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"I feel like if the coronavirus would get even more serious and like wipe out a large amount of people, I might as well be somewhere having fun," Ashley Henkel, a 20-something who booked flights to Vancouver, New York City, and Portland, Oregon, for the summer told Kesslen. 

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Publisher: Business Insider
Date: 2020-03-15
Author: Hillary Hoffower
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While you're here, how about this:

Three ways millennials are getting money right - cleveland.com

FILE - This Jan. 22, 2020, file photo shows the likeness of Benjamin Franklin on $100 bills in Dallas. Millennials are far more likely than other generations to ask for a raise or report an increase in their credit score. When it comes to retirement, compared with Generation X and baby boomers, they're starting to save earlier and contributing a higher percentage of their annual income. (AP Photo/LM Otero, File) AP

Read almost any article about millennials and you'll come away with the distinct impression that this generation is royally screwing up.

Publisher: cleveland
Date: 2020-03-14T20:14:00.326Z
Author: NerdWallet
Twitter: @clevelanddotcom
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Coronavirus outbreak – how will it affect my rights, pay and debts? | Money | The Guardian

P eople across the UK may soon find themselves out of office for lengthy periods of time, whether they like it or not. It has been estimated that one fifth of the UK's workforce could be absent during the weeks when the coronavirus is at its peak while millions more will find themselves working from home or even without anywhere to work.

With the disruption to the normal working week comes a myriad of questions for employees, employers, contractors and casual workers about what their rights are at such an unprecedented time – and how to ensure that any money problems stay short term and don't stretch into the future.

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Publisher: the Guardian
Date: 2020-03-15T07:00:51.000Z
Author: Shane Hickey
Twitter: @guardian
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Florida budget: Deal includes money for teacher pay and coronavirus aid

TALLAHASSEE – A roughly $92 billion state budget was finalized Saturday, with House and Senate negotiators reaching Gov. Ron DeSantis' teacher pay goal while also adding $300 million to reserves to deal with the spreading coronavirus.

The deal sets lawmakers on course for a budget vote to end the 2020 legislative session next week, probably Thursday. The House and Senate ended work on all other bills Friday, just before midnight, but extended the session into next week to settle the spending plan.

Publisher: Tallahassee Democrat
Twitter: @tdonline
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Giving People Money To Respond To COVID-19 Is A Good Idea. Here's How It Might Actually Work.

On Tuesday, President Donald Trump met with Republican lawmakers on Capitol Hill, where he ... [+] reportedly discussed a payroll tax holiday. He is flanked by Senate Majority Leader Mitch McConnell, Vice President Mike Pence and Senator Roy Blunt.

Furman recommends that Congress do something simple to help Americans weather the financial shock in lieu of or in addition to a payroll tax holiday: give people money. 

Publisher: Forbes
Date: 2020-03-12
Author: Elena Botella
Twitter: @forbes
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